Visa Inc. $V Stock Sold by Avestar Capital LLC

Avestar Capital LLC reduced its position in shares of Visa Inc. (NYSE:V) by 10.7% in the third quarter, Holdings Channel reports. The fund owned 15,289 shares of the credit-card processor’s stock after selling 1,831 shares during the quarter. Avestar Capital LLC’s holdings in Visa were worth $5,494,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of V. Fusion Capital LLC lifted its holdings in shares of Visa by 4.2% during the 3rd quarter. Fusion Capital LLC now owns 1,253 shares of the credit-card processor’s stock valued at $450,000 after purchasing an additional 50 shares during the last quarter. CFC Planning Co LLC increased its holdings in Visa by 13.7% in the 3rd quarter. CFC Planning Co LLC now owns 13,305 shares of the credit-card processor’s stock worth $4,781,000 after buying an additional 1,607 shares during the period. Peak Financial Advisors LLC raised its position in Visa by 3.2% during the 3rd quarter. Peak Financial Advisors LLC now owns 8,104 shares of the credit-card processor’s stock worth $2,912,000 after buying an additional 250 shares during the last quarter. Petros Family Wealth LLC boosted its holdings in shares of Visa by 3.1% in the 3rd quarter. Petros Family Wealth LLC now owns 1,274 shares of the credit-card processor’s stock valued at $458,000 after acquiring an additional 38 shares during the last quarter. Finally, Arta Finance Wealth Management LLC increased its stake in shares of Visa by 12.5% in the third quarter. Arta Finance Wealth Management LLC now owns 836 shares of the credit-card processor’s stock worth $300,000 after acquiring an additional 93 shares during the period. Institutional investors own 82.15% of the company’s stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

Visa Stock Up 0.8%

V stock opened at $413.69 on Friday. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $417.00. The company has a quick ratio of 0.99, a current ratio of 0.97 and a debt-to-equity ratio of 0.54. The firm has a 50-day simple moving average of $381.31 and a 200-day simple moving average of $342.25. The stock has a market capitalization of $738.20 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.93 and a beta of 0.77.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.44 by $0.04. The company had revenue of $12.14 billion for the quarter, compared to analysts’ expectations of $12.09 billion. Visa had a return on equity of 70.50% and a net margin of 51.20%. Visa’s revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.98 EPS. Equities analysts forecast that Visa Inc. will post 15.03 earnings per share for the current fiscal year.

Visa Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be issued a $0.78 dividend. This is an increase from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, November 10th. Visa’s payout ratio is currently 21.74%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on V shares. Wells Fargo & Company boosted their target price on shares of Visa from $432.00 to $463.00 and gave the company an “overweight” rating in a research report on Thursday. President Capital increased their price target on shares of Visa from $411.00 to $474.00 and gave the stock a “buy” rating in a report on Monday, August 17th. TD Cowen reaffirmed a “buy” rating and issued a $450.00 price objective (up from $420.00) on shares of Visa in a report on Wednesday. Argus increased their target price on shares of Visa from $396.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Citigroup restated a “buy” rating and set a $440.00 target price (up from $400.00) on shares of Visa in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $438.41.

Insider Activity

In related news, CEO Ryan Mcinerney sold 5,875 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,444,582.94. This represents a 27.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total transaction of $687,690.78. Following the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $6,778,929.36. The trade was a 9.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 21,520 shares of company stock worth $7,960,757. 0.12% of the stock is owned by insiders.

Visa Profile

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.